Hangzhou Qiandaohu Xunlong FY26 H1 profit climbs 1.6% to RMB 178.7 million; revenue rises 20% to RMB 361.9 million

• Hangzhou Qiandaohu Xunlong reported IFRS profit of RMB 178.7 million, up 1.6%, on revenue of RMB 361.9 million, up 20%.
• Basic earnings per share fell to RMB 1.78 from RMB 1.91; net profit margin narrowed to 49.4% from 58.3%.
• Non-IFRS adjusted net profit climbed 15.7% to RMB 209.2 million, excluding share-based compensation and listing expenses.
• Caviar revenue rose 18.7% to RMB 330.6 million as sales volume increased 23% to 140,367 kilograms; average selling price slipped 3.5% to RMB 2,355/kg.
• Sturgeon inventory reached about 16,000 tons, up 18.3%; the board proposed an interim dividend of RMB 0.75 per share.

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